XLMUSDT is inside an desceding wedge 🦐

30 Ağu 2020

XLMUSDT is inside an desceding wedge,
The price bounced on weekly support and on 0.5 Fibonacci Level.
The price needs Volume to try a breakout on daily resistance

IF the price will lose the weekly support, we can see a deep retracement.

Daily


Weekly


According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.

1 Eyl 2020

Not

The price needs to break the daily resistance and more Volume

2 Eyl 2020

Not

the price must hold the ascending channel